Connecticut
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Connecticut Real Estate Values & Housing Market Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2018. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2017 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Average Home Values

Median Home Value:
$265,674

Number Of Homes And Apartments:
1,361,755

Connecticut Home Prices

Value Range
> $1,054,604 4.1
$791,248 - $1,054,604 2.8
$527,511 - $791,247 7.5
$422,001 - $527,510 7.7
$316,610 - $422,000 15.5
$210,987 - $316,609 25.8
$105,564 - $210,986 28.9
$52,755 - $105,563 4.7
$0 - $52,754 2.9

Connecticut Appreciation Rates

 
Time Period Total Appreciation Average Annual Rate Compared to America*
Latest Quarter:
2018 Q3 - 2018 Q4
-0.28% -1.12%
2
Last 12 Months:
2017 Q4 - 2018 Q4
1.40% 1.40%
1
Last 2 Years:
2016 Q4 - 2018 Q4
2.76% 1.37%
1
Last 5 Years:
2013 Q4 - 2018 Q4
7.07% 1.38%
1
Last 10 Years:
2008 Q4 - 2018 Q4
-6.58% -0.68%
1
Since 2000:
2000 Q1 - 2018 Q4
54.99% 2.36%
2
* 10 is highest

Rent & Homeownership

Average Market Rent:
$1,489 / per month

Homeownership Rate

Homeownership
Owners 64.44
Renters 35.56
Vacant 9.68

Housing Details

Age of Homes

AGE OF Connecticut HOMES
2000 or Newer 8.5
1970 - 1999 33.6
1940 - 1969 35.5
1939 or Older 22.4

Types of Homes

TYPE OF Connecticut HOMES
Single-Family 59.2
Townhomes 5.4
Small Apt. Buildings 16.8
Apt. Complexes 17.8
Mobile Homes 0.8
Other 0.0

Home Size

SIZE OF Connecticut HOMES
No Bedroom 2.22
1 Bedroom 12.39
2 Bedrooms 27.15
3 Bedrooms 36.45
4 Bedrooms 17.21
5 or more bedrooms 4.58